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deal, $3 trillion, $4 trillion, would take some long-term sort of whacks at the deficit problem, to talk about something small here over the next five or six days, just raising the taxes on -- and no real entitlement cuts. latourette said when he left that there would be republican votes in the house for this measure, if there was a spending piece, and he said it had to be about two to one. that isn't on the table yet. they have a ways to go to get to that arrangement and so i think it will be, you know -- >> the world on the other side of the cliff is probably more difficult for republicans than democrats. as you pointed out in your question, if there is stalemate taxes go up on everyone. you know, that would take it -- there are some people that say that's the best outcome going back to the clinton tax rates. it takes a huge bite out of the deficit, but on balance neither side wants to do that today, but, you know, for republicans i think that's a tougher world to swallow. many suggest if you go over the cliff, they come back and then have to agree to extend the tax rates for
to the clinton tax rates. it takes a huge bite out of the deficit, but on balance neither side wants to do that today, but, you know, for republicans it's a tougher pill to swallow. many suggest if you go over the cliff, they come back and then have to agree to extend the tax rate for everybody below some number. >> that debt deal turns out to be brilliant or something. >> what matter is the simpson boles commission which president obama didn't want to appoint and pay attention to, that's front and center. the blueprint for how we move on. these two guys took on a task that was a fool's errands we thought, what happens to the commissions, nothing. we go back to them. >> let's talk about the die nam in this case between senator reid and mcconnell. can they come up with something up with something that the senate would pass and also something the house would pass? >> they have to try by new year's eve here. >> three days, four days. >> interesting that senator reid said he would like neal abercrombie to appoint the replacement for daniel anyway. reid thinks he'll need that vote. they'll prob
Search Results 0 to 1 of about 2